EPA Recognizes PepsiCo With 2009 ENERGY STAR(R) Sustained Excellence Award

PepsiCo earns award for protecting the environment through energy efficiency

PURCHASE, N.Y., March 2 /PRNewswire-FirstCall/ — The U.S. Environmental Protection Agency (EPA) has awarded PepsiCo (NYSE: PEP) a 2009 ENERGY STAR Sustained Excellence Award in recognition of its continued leadership in protecting our environment through energy efficiency. PepsiCo’s accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 31, 2009.

PepsiCo, an ENERGY STAR partner since 2007, will be honored for its long-term commitment to energy efficiency. After more than a decade of action, the cumulative effects of PepsiCo’s resource conservation program have resulted in an improvement in energy efficiency for its U.S. operations of nearly 30 percent. In 2008 alone, PepsiCo reduced energy costs by $90 million and cut greenhouse gas emissions by over 575,000 metric tons. Across the U.S., top companies and organizations are leading the way toward a more energy-efficient future through participation in ENERGY STAR.

Last year, Americans, with the help of ENERGY STAR, saved $19 billion on their energy bills and reduced greenhouse gas emissions equivalent to those of 29 million vehicles.

“This recognition exemplifies PepsiCo’s commitment to energy efficiency in our own day-to-day operations and how we are leveraging our partnership with the ENERGY STAR program to encourage key business partners to implement energy conservation programs in their operations,” said Rob Schasel, PepsiCo Director of Energy & Utilities. “PepsiCo’s Resource Conservation Outreach Program has made tools and expertise available to our contract manufacturers, franchise bottlers, and other key suppliers through dedicated PepsiCo resources. Our years of partnership with ENERGY STAR demonstrate our strong commitment to preserving the environment through energy efficiency. We view our ENERGY STAR partnership as a key way to fight climate change.”

PepsiCo’s mission to reduce energy consumption is part of the company’s commitment to sustainable growth, defined as Performance with Purpose. PepsiCo has announced goals to reduce water consumption by 20 percent, reduce electricity consumption by 20 percent, and reduce fuels consumption by 25 percent per unit of production by 2015 as compared to 2006 consumption.

The 2009 Sustained Excellence Awards are given to a select group of organizations that have exhibited outstanding leadership year after year. These winners have reduced greenhouse gas emissions by setting and achieving aggressive goals, employing innovative approaches, and showing others what can be achieved through energy efficiency. These awards recognize ongoing leadership across the ENERGY STAR program including energy-efficient products, services, new homes and buildings in the commercial, industrial and public sectors. Award winners are selected from more than 12,000 organizations that participate in the ENERGY STAR program.

“EPA is delighted to recognize PepsiCo with the 2009 ENERGY STAR Sustained Excellence award,” said Kathleen Hogan, Director of the Climate Protection Partnerships Division at the U.S. EPA. “PepsiCo’s leadership on energy efficiency has yielded impressive results for their bottom line and our global environment, showing us all what can be accomplished through sustained commitment and action.”

About PepsiCo

PepsiCo is one of the world’s largest food and beverage companies, with 2008 annual revenues of more than $43 billion. The company employs approximately 198,000 people worldwide, and its products are sold in approximately 200 countries. Its principal businesses include: Frito-Lay snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and Quaker foods. The PepsiCo portfolio includes 18 brands that generate $1 billion or more each in annual retail sales. PepsiCo’s commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company’s impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent. PepsiCo is listed on the Dow Jones Sustainability North America Index and the Dow Jones Sustainability World Index. For more information, please visit www.pepsico.com.

About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 12,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

    FOR FURTHER INFORMATION:
    Dave DeCecco, (914) 253-2655
    dave.dececco@pepsi.com

    Maria Vargas, (202) 343-9178
    vargas.maria@epa.gov

SOURCE PepsiCo